Dividend Information About BlackRock Long-Term: Everything You Need to Know Before Its Ex-Dividend Date, Sept 15, 2025

BlackRock Long-Term Municipal Advantage Trust (BTA) recently announced its next cash dividend, with the ex-dividend date set for Sept 15, 2025. This follows a Sept 2, 2025 announcement date, and the dividend will be paid on Oct 1, 2025 at a rate of $0.0495 per share. This payout is slightly lower than the average of the last 10 dividends, which stood at $0.0536. Investors should note that the most recent dividend, also announced on Sept 2, 2025, was the same as the upcoming one and marked the latest instance of a cash distribution. Over the past week, BlackRock has made several strategic updates that could influence BTA’s operations and market performance. Notably, the firm announced a shift in distribution strategies for certain funds, moving from floating to fixed rate distributions, a move aimed at enhancing predictability for investors. Reports indicate that BlackRock has also updated investment objectives and strategies for several sector equity closed-end funds, including the Health Sciences Trust. These changes reflect a broader effort to align fund structures with evolving market conditions and investor expectations. Additionally, recent market commentary highlighted discount arbitrage opportunities in BTA, with some analysts suggesting it offers favorable positioning in the municipal CEF space. As of late, BTA has maintained a yield of approximately 6.15% and a current price of $9.40, though trading activity has remained limited with no recent volume reported. Over the past few days, industry activity has also included discussions about fund consolidations, with BTA being one of the most actively mentioned names due to its potential in discount arbitrage. These developments, combined with BTA’s recent dividend announcement, suggest a period of strategic repositioning for the trust. In conclusion, investors should be aware that the ex-dividend date for the upcoming dividend is Sept 15, 2025. This is the last day for investors to purchase BTA shares and be eligible to receive the $0.0495 per share dividend. Any purchase made after this date will not qualify for the current payout. With recent operational updates and market discussions, it appears that BTA is undergoing a period of adjustment that may affect its long-term performance and investor appeal.